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Lam Research Receives Tax Deal for $620M Tualatin Expansion Project

Lam Research logoLam Research
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Lam Research will support its Tualatin expansion by paying partial property taxes for 15 years after negotiating $45 million in community service fees and $27 million in payment-in-lieu terms with Washington County and the city. Tualatin is set to receive about $33 million over the SIP period. The $620 million TUX Project, aided by a $22 million Oregon CHIPS Act grant, was approved Aug. 10, while residents raised concerns about property taxes and noise.

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